(Don Hankins)Making thousands of dollars a month by working from your couch might seem like a dream come true. But don’t quit your day job just yet, because it’s most likely a scam. Fortunately, there’s now one less “work-from-home” scheme seducing consumers thanks to the Federal Trade Commission. A federal court entered a temporary restraining order halting an allegedly deceptive scheme that conned millions of dollars from consumers, the FTC announced Monday. According to the FTC charges, the businesses’ websites told numerous false “rags to riches” stories and made unsubstantiated claims that consumers could earn thousands of dollars a month by purchasing business coaching services and establishing their own internet businesses. The FTC seeks to put a permanent stop to the operations of the company — which did business under several names, including Essent Media, LLC, Net Training, LLC, YES International, Coaching Department, and Apply Knowledge — and for money to be returned to affected consumers. The company allegedly violated the FTC Act by misrepresenting earnings and the nature of services.

BING NEWS:
  • Update on the latest in business:
    FTC-WORK ... stopped a work-from-home scam that left victims thousands of dollars in debt. The Federal Trade Commission said Monday that the companies behind the scheme conned millions of dollars from consumers by selling phony business coaching services.
    03/13/2014 - 4:40 am | View Link
  • FTC Halts Multi-Million Dollar Work-From-Home Business Coaching Scheme
    At the Federal Trade Commission’s request, a federal court entered a temporary restraining order halting a deceptive work-from-home scheme that conned millions ... coaching services and establishing their own Internet businesses. According to the FTC ...
    02/25/2014 - 4:53 am | View Link
  • Federal regulators halt work-from-home scam
    NEW YORK (AP) -- Federal regulators have temporarily stopped a work-from-home scam that left victims ... the companies behind the scheme conned millions of dollars from consumers by selling phony business coaching services. Customers were falsely told ...
    02/24/2014 - 5:30 pm | View Link
  • Federal regulators halt work-from-home scam
    NEW YORK (AP) -- Federal regulators have temporarily stopped a work-from-home scam that left victims ... the companies behind the scheme conned millions of dollars from consumers by selling phony business coaching services. Customers were falsely told ...
    02/24/2014 - 9:39 am | View Link
  • Feds block work-at-home scheme that promised big bucks for little work
    A federal court has entered a restaining order halting what the Federal Trade Commission says it a deceptive work-from-home scheme that conned ... scam that bilked consumers out of millions for useless work-at-home kits and business coaching services ...
    02/24/2014 - 9:06 am | View Link
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